2006 Michigan Compiled Laws - Act 354 of 1972


REPLACING OR PAYING OBLIGATIONS OF PUBLIC CORPORATION

Act 354 of 1972

AN ACT to authorize the replacement or payment without presentation of lost, destroyed or wrongfully taken bonds or other evidences of indebtedness issued by public corporations; and to prescribe the powers and duties of certain departments and agencies.


History: 1972, Act 354, Imd. Eff. Jan. 9, 1973 ;--Am. 1974, Act 142, Imd. Eff. June 5, 1974




The People of the State of Michigan enact:

DocumentDescription
Section 129.131Definitions.
Section 129.132Replacement obligations; prerequisites to issuance; exercise of powers by paying agent; resolution; execution; seal.
Section 129.133Replacement obligations; form; security; execution; formal requirements; indorsement.
Section 129.134Replacement of unmatured interest coupons; payment of matured interest coupons.
Section 129.135Repealed. 2000, Act 117, Imd. Eff. May 26, 2000.

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